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24 January 2025 | 36 replies
They have a new area manager and he is on the ball and on site checking out our properties closely.
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13 January 2025 | 7 replies
I get into contract in my operating company and then assign the contract to the new LLC prior to closing.
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10 January 2025 | 14 replies
Because just those costs can run you close to $75-100k if you hit any snags.I love talking about investments and I love the Packwood area, if you want to dig in more, I would be happy to jump on a call!
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19 January 2025 | 46 replies
Apparently the US government will pay for the rent of enlisted men if the property is close to a military base.
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9 January 2025 | 10 replies
Quote from @Conte Cuttino: Property is in C+ area but in a different School district that’s B-If I sale I’ll get 30k profit after 9 months.If I keep as a Long term rental I’ll have to convert the garage into a illegal 1 bed cottage at an additional cost of $35k leaving a total of $107k left in this deal after 70% refi and closing cost.
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14 January 2025 | 9 replies
I have close to 1,300 units now of days.
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7 January 2025 | 7 replies
For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?
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8 January 2025 | 1 reply
Ask if you title company can do a double closing and if they know what assignment of contract is.
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10 January 2025 | 3 replies
I work closely with many buy and hold investors and would be happy to share insights or explore ways we can collaborate.
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14 January 2025 | 10 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.